The cost of an office chair is $159 and the markup rate is 24% of the cost. what is a. the dollar markup and b. the selling price?

A. The dollar amout of the markup is found by multiplying the markup rate by the dollar cost. "24% of cost" means "24% × cost". Of course, you know that 24% = 24/100 = 0.24.

... markup = 0.24 × cost = 0.24 × $159 = $38.16

B. The markup is the amount added to the cost to get the selling price. It is the amount by which the cost is marked up.

... selling price = cost + markup = $159.00 +38.16 = $197.16

the first question mark is 6 and the second question mark is 26 (the square root)

step-by-step explanation:

answer: d. $20

step-by-step explanation:

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